The proposal would reduce the overall defence expenditure through the following components:

Component 1: The level of funding for the Net Approved Program - Military Equipment Acquisition would be reduced such that the level of overprogramming returns to 36%.

Component 2: Funding would be reduced by amounts equivalent to the contracted and uncontracted funding for procurement and sustainment associated with:

The proposal would increase Defence portfolio funding to 2.5% of Gross Domestic Product (GDP) over 5 years, and 3% of GDP within a decade.

The additional funding would include resourcing for the following projects:

• a fourth F-35A Lightning Squadron
• an AUKUS National Chair
• a Defence Capability and Acquisition Commission
• a National Security Strategy.

The proposal would start on 1 July 2025.

The proposal would increase Defence portfolio funding to 2.5% of Gross Domestic Product (GDP) over 5 years, and 3% of GDP within a decade.

The additional funding would include resourcing for the following projects:

• a fourth F-35A Lightning Squadron
• an AUKUS National Chair
• a Defence Capability and Acquisition Commission
• a National Security Strategy.

The proposal would start on 1 July 2025.

The proposal would increase Defence portfolio funding to 2.5% of Gross Domestic Product (GDP) over 5 years, and 3% of GDP within a decade.

The additional funding would include resourcing for the following projects:

• a fourth F-35A Lightning Squadron
• an AUKUS National Chair
• a Defence Capability and Acquisition Commission
• a National Security Strategy.

The proposal would start on 1 July 2025.

The proposal would withdraw Australia from the AUKUS agreement.

The proposal would be ongoing and start on 1 July 2025.

The proposal would withdraw Australia from the AUKUS agreement.

The proposal would be ongoing and start on 1 July 2025.

The proposal would withdraw Australia from the AUKUS agreement.

The proposal would be ongoing and start on 1 July 2025.

The proposal would seek to strengthen the stability and safety of the public and region through the following components:

The proposal would provide $4 billion over 4 years towards domestic production capabilities of defence material strictly for defensive purposes.

The proposal would be non-ongoing, distribute funding evenly over 4 years, and start on 1 July 2025.

The proposal would provide $4 billion over 4 years towards domestic production capabilities of defence material strictly for defensive purposes.

The proposal would be non-ongoing, distribute funding evenly over 4 years, and start on 1 July 2025.